Business

The edifice that once housed premium rum maker J. Wray...

US Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market. Powell noted that inflation has cooled...

New data released by the Statistical Institute of Jamaica, Statin, on Wednesday shows that inflation rose in September, as students returned to school from summer break, but prices rose at a slower pace than previous months. Monthly inflation was...

The Trade Board Limited will be opening up pre-owned vehicle inspections to multiple players when the current contract for the Japanese service provider expires in January. The agency has already began recruitment with ads requesting bids from...

Chinese President Xi Jinping promised foreign companies greater access to China’s huge market and more than US$100 billion in new financing for other developing economies as he opened a forum Wednesday on his signature Belt and Road infrastructure...

Air travel to Jamaica slowed last month, with the airport in Kingston registering its first decline for the year. On the ground, that translated to a soft September for the tourism market, according to hotelier Christopher Issa who owns hotels in...

The national honourees from Heroes Day are still getting used to their medals, many still basking in the glory of their well-deserved awards. However, each year when Jamaica pauses to recognise a small segment of society, there is the accompanied...

China’s Belt and Road Initiative looks to become smaller and greener after a decade of big projects that boosted trade but left big debts and raised environmental concerns. The shift comes as leaders from across the developing world descend on...

Caribbean Development Bank, CDB, says it has joined 2X Global, an industry group dedicated to increasing the volume and impact of capital directed towards women’s economic empowerment worldwide. The CDB said its participation in 2X Global will...

The cost of healthcare – doctor’s visits, prescription drugs, diagnostic tests, specialised health devices, and hospitalisation – has the potential to bring to nought even the most carefully made and executed financial programme. Private insurance...